WESPAC Advisors LLC Acquires New Stake in Capital Group Growth ETF (NYSEARCA:CGGR)

WESPAC Advisors LLC acquired a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 20,810 shares of the company’s stock, valued at approximately $774,000.

A number of other large investors also recently bought and sold shares of the business. Concurrent Investment Advisors LLC boosted its holdings in Capital Group Growth ETF by 168.6% during the 4th quarter. Concurrent Investment Advisors LLC now owns 118,850 shares of the company’s stock valued at $4,418,000 after acquiring an additional 74,602 shares during the period. Private Advisor Group LLC lifted its holdings in shares of Capital Group Growth ETF by 29.1% in the 4th quarter. Private Advisor Group LLC now owns 1,080,217 shares of the company’s stock worth $40,152,000 after buying an additional 243,782 shares during the period. Legacy Solutions LLC purchased a new stake in shares of Capital Group Growth ETF in the 4th quarter worth $5,786,000. Financial Management Network Inc. lifted its holdings in shares of Capital Group Growth ETF by 42.0% in the 4th quarter. Financial Management Network Inc. now owns 23,198 shares of the company’s stock worth $878,000 after buying an additional 6,865 shares during the period. Finally, Atlas Legacy Advisors LLC purchased a new stake in shares of Capital Group Growth ETF in the 4th quarter worth $11,040,000.

Capital Group Growth ETF Trading Down 2.6 %

Shares of CGGR stock opened at $38.23 on Friday. Capital Group Growth ETF has a twelve month low of $29.70 and a twelve month high of $39.96. The stock has a market capitalization of $6.51 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. The stock has a fifty day simple moving average of $38.61 and a two-hundred day simple moving average of $36.36.

Capital Group Growth ETF Company Profile

The Capital Group Growth ETF (CGGR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests predominantly in US companies of any market capitalization. The fund seeks to provide capital growth. CGGR was launched on Feb 22, 2022 and is managed by Capital Group.